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• Minister of Finance - Member. The implementation a project under the Infrastructure Fund involves the National Procurement
Commission NPC, the Major Projects Secretariat SGP, the National Development Agency ADN, other agencies and relevant Line Ministries which implement the projects. According to
the regulation, the ADN is responsible for technical verification, quality control QC and quality assurance inspection QA of the projects before payment recommendations, for
reviewing design and study, drawings as well as reviewing tender documents before their submission to the NPC. National Procurement Commission is responsible for procurement
procedures and control. Line Ministry LM is the owner and competent project manager. The MPS role is to provide technical and administrative support to CAFI in performing the function
of infrastructure planning, budgeting and payment execution of the project funded by IF.
1.3. SCOPE OF INVESTMENT OF THE INFRASTRUCTURE FUND
The IF Budget Book summarizes strategic programs and projects which are in-line with SDP and approved by the National Parliament. The SDP has very important meaning for investment
which consists of 6 integral parts and covers all strategic sectors for twenty year vision 2011 - 2030. The Budget Book for Infrastructure Fund is an integral part of the General State Budget and the
main interconnection tool for investment which includes 21 programs related to SDP priorities.
IF Infrastructure Fund Programs: 1. Agriculture Program
2. Water and Sanitation Program 3. Urban and Rural Development Program
4. Public Buildings Program 5. Financial System and Supporting Infrastructure
6. Youth and Sports Program 7. Education Program
8. Electricity Program 9. Informatics Program
10. Millennium Development Goals Program 11. Health Program
12. Security and Defence Program 13. Tasi Mane Development Program
14. Roads Program 15. Bridges Program
16. Airports Program 17. Ports Program
18. Tourism Program 19. Design and Supervision for New Projects
20. Maintenance and Rehabilitation Program 21. External Loans Program
Figure 1. Interconnection between MDGs, SDGs, SDP and IF Programs and Projects
MDGs
SDGs SDP
2011 ‐ 2030
Infrastruct ure
Fund
Strategic In
v e
st me
nt Pr
o je
ct s
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The implementation of the IF programs in 2017 is a continuation of programsprojects that have been initiated from the previous years. In fact, except strategic projects no new projects have
been included in the fiscal year of 2017, as the government is focused on on-going projects.
1.4. PROJECT APPRAISAL FOR INFRASTRUCTURE FUND
Project appraisal objective is to prioritize and select the best projects for investment based on methodology which is taking into account the contribution to the SDP, economic viability,
readiness of the project for funding. There are two key elements for project scoring and evaluation:
• Importance for development, • Readiness for funding.
The appraisal methodology based on a set of 8 multiple criteria for evaluation, including: i relation of the project or the project`s sector to the Strategic Development Plan; ii economic
impact as measured by the economic internal rate of return iii and effectiveness of investment; iv social impact as direct number of new jobs and indirect number of benefited population;
v readiness for implementation as measured by requited environmental license and other documents; vi dependence of the project on additional infrastructure for reasonable cost,
vii readiness of the project for construction and availability of required documents such as concept design, feasibility study, detailed engineering design and other related documents,
viii readiness of land for the project in terms of land availability for construction and assessment of requirements of possible resettlement under the project.
Finally, the appraisal for infrastructure projects is focusing on the following results:
• Invest in priority projects with the maximum economic and social impact, • Improve infrastructure for economic development of Timor-Leste,
• Support growth and key sectors of Strategic Development Plan. The main objective of the project appraisal is to identify major benefits of the projects, evaluate
the viability and readiness of the projects based on multi-criteria analysis. Finally, to rank all submitted project proposals based on overall importance in terms of social and economic impact
and readiness for funding and implementation.
1.5. ANNUAL BUDGET ALLOCATION AND EXECUTION 2011‐2016
Since the establishment of the Infrastructure Fund, a total of 3.548 billion has been approved and allocated to finance all IF Programs, including Public Private Partnership and External Loan
programs. Summary of the budget allocation and execution from 2011 – 2016 is presented below.
Table 1. Summary IF Budget Allocation and disbursement during 2011-2016
Year Budget
Book Million Disbursement
Million Execution
2011
599.31 474.43
79
2012
875.13 372.40
43
2013
604.38 215.97
36
2014
368.55 330.39
90
2015
317.30 240.93
76
2016 783.66
726.93 93
Total 3,548.33
2,361.05 67
Projected disbursement up to December 31, 2016
